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What does this actually mean 'Wires received after 5 p.m. ET will be rejected and returned to the financial institution.' Same-day tax worksheet
I was going to make a foreign wire transfer to the IRS using the Same day tax work sheet found at https://www.irs.gov/individuals/international-taxpayers/foreign-electronic-payments and noticed at the bottom it says 'Wires received after 5 p.m. ET will be rejected and returned to the financial institution. Wires received after 5 p.m. ET will be rejected and returned to the financial institution. FTCS does not warehouse payments for the next business day'.
Does this mean they will outright reject the transfer or is telling my bank to try again tomorrow. Same day foreign wire transfer seems almost impossible. Am I worrying for no reason?
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‎October 15, 2020
10:26 AM